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Fort Worth's TPG takes controlling interest in Hollywood, sports powerhouse

A Fort Worth firm has gone Hollywood.

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Downtown Fort Worth TIF reaches parking agreement with four garages

The TIF board will meet Oct. 29 to consider the agreements.

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Oil price drop goes unnoticed in Texas' Eagle Ford shale

CUERO, Texas — From her vantage point of the U.S. shale oil boom, Jill Potts doesn't see anything to worry about.

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Renovated Daniel-Meyer to put TCU basketball in the spotlight

You might say the Texas Christian University men’s basketball team was the sacrificial lamb in the university’s football-motivated move from the Mountain West Conference to the Big 12 Conference. The rising

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E-Mist finds focus: Ebola gives infection control start-up its moment in spotlight

In the space of 72 hours, George Robertson found his company’s products on the cover of The New York Times and himself on CNN and WFAA, along with innumerable mentions in various media around the world.

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Fort Worth calls Nov. 4 election for funding of new Will Rogers arena

By Scott Nishimura
snishimura@bizpress.net

The Fort Worth City Council unanimously voted to call a Nov. 4 election on funding a new 14,000-seat multipurpose arena at the Will Rogers Memorial Center.

Three sources of funding will be on the ballot:

  • A tax on tickets sold to events held at the arena, capped at 10 percent of the ticket price;
  • A tax on parking in a parking facility that serves the arena, capped at $5 of the total parking charge at the time of the arena’s first public event; 
  • A tax on each stall or pen used or occupied by livestock during events at the arena, capped at $1 a day and up to $20 for an event.

City officials have said their goal is that new revenue volume generated by the arena would overtake the need to raise tax rates.

City officials estimate the arena would cost $450 million. A nonprofit, Event Facilities Fort Worth, has committed to raise at least half that.

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